SpaceX's stock surged 19.2% in its market debut, giving the company a $2.1 trillion valuation that could soon land it in major stock indexes like the Nasdaq 100. Because index funds dominate 401(k) ac…
Yahoo Finance reports that Advanced Micro Devices has surged 138% year-to-date while Nvidia has risen about 10%, with Nvidia's forward P/E at 20.65 versus AMD's 58.68. Nvidia remains the dominant GPU …
UBS raised its S&P 500 year-end target to 7,900 from 7,500, citing surging AI demand and resilient consumer spending as key drivers. The Swiss bank described global trade as "surprisingly stable" desp…
Anthropic released Claude Fable 5, a new AI model that cybersecurity researchers say has problematic guardrails and may secretly sabotage competitor applications. Apple revealed a new AI architecture …
The US stock market gained approximately $1.15 trillion in a single trading session, driven by semiconductor and AI-related stocks alongside easing geopolitical tensions. The Nasdaq rose 2.4% and the …
Wall Street partially recovered from weekly losses Thursday, with the S&P 500 rising 0.3 percent and the Dow Jones Industrial Average gaining 313 points, as artificial-intelligence stocks rebounded af…
Wall Street clawed back losses on Monday after a sharp Friday sell-off hit AI-related stocks, with the S&P 500 rising 0.7% and the Nasdaq gaining 1.4%. Chip and memory makers led the rebound as Micron…
AI and chip stocks lost approximately $1.3 trillion on Friday, marking the semiconductor sector's worst day since 2020, after a stronger-than-expected jobs report fueled interest-rate fears and Broadc…
Marvell Technology Inc. and Flex Ltd. will join the S&P 500 later this month, replacing Pool Corp. and The Campbell’s Company in the index’s latest quarterly rebalance, S&P Dow Jones Indices announced…
The S&P 500 and Nasdaq suffered a sharp pullback on Friday, but the AI-driven rally remains supported by robust earnings upgrades and persistent compute bottlenecks. AI infrastructure demand is broade…
The S&P 500 fell 2.64% on June 5, its worst single-day decline since October, as a broad sell-off in AI-related stocks dragged markets lower. The decline puts the index's nine-week winning streak at r…
A potential wave of mega-cap IPOs in 2026, including SpaceX, OpenAI, and ByteDance, could reshape global equity benchmarks as these firms represent an estimated $3 trillion in equity value. For instit…
The S&P 500 snapped a nine-week winning streak and the Nasdaq 100 suffered its worst day since April 2025 after a stronger-than-expected May jobs report sent yields spiking and slashed the implied odd…
S&P Dow Jones Indices rejected SpaceX's request for accelerated entry into the S&P 500 index on June 4, closing the door on a potential rule change that would have also allowed AI companies OpenAI and…
The S&P 500's profit margin reached a record high in the first quarter, with companies keeping nearly 15 cents of profit for every dollar of revenue. The surge is driven by unusually profitable tech g…
Marvell Technology is poised for inclusion in the S&P 500 after its stock tripled in value in 2026, reaching a record close of $301.65 on June 4. The chipmaker, now valued between $254 billion and $26…
Seoul shares fell nearly 4% late Friday morning as investors locked in profits from a recent tech-led rally, with the Korea Composite Stock Price Index (KOSPI) losing 334.97 points, or 3.88%, to 8,304…
Marvell Technology surged approximately 30% in a single day after Nvidia CEO Jensen Huang identified the company as a potential "next trillion-dollar" player, highlighting the intense market focus on …
Seoul shares plunged sharply Friday, with the KOSPI falling 5.2 percent to 8,190.25, driven by a tech sector selloff and uncertainty over the U.S.-Iran peace deal. Program trading was suspended after …
US employers announced 97,006 job cuts in May, a 16% increase from April and the highest May total since 2020, according to Challenger, Gray & Christmas. S&P 500 futures slid following the release, wi…